The Fair Share Report

686 Second St

Secaucus, NJ 07094

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $682,891

Likely range $579,234 – $996,270, from 12 comparable Secaucus sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

37.10%

The state's official measure of how far Secaucus assessments sit below market value — republished every October, applied town-wide. A $682,891 home should be assessed near $253,353.

Step 3 · Assessed value

$224,600

Set at the last town-wide revaluation and mostly frozen since. That's $28,753 below what the ratio math suggests (11.3%).

Step 4 · The tax rate — same for every Secaucus home

$4.267 per $100 assessed

$1.462 Schools · 34% $0.853 County · 20% $1.952 Town · 46%

Step 5 · The bill

$9,586/yr
Public schools$3,284
Hudson County$1,916
Town of Secaucus$4,385
Secaucus average$7,664

This home vs. every recent Secaucus sale · assessed ÷ market

Town median 27.9%
This home · 32.9%

14%48%

Paying about right

This home's ratio lands inside Secaucus's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
1493 PATERSON PLANK ROAD2025-12$1,120,0001,88730.5%
1026 GILLIS PLACE2025-08$750,0001,82441.9%
14 RADIO AVENUE2025-03$930,0001,83523.6%
11 GAIL PLACE2025-06$905,0001,81434.6%
691 NINTH STREET2025-06$960,0001,93019.4%
16 ARN TERRACE2026-06$750,0002,03426.0%
6 WALTER PLACE2026-04$999,9992,10229.2%
8 MARIANNE TERRACE2025-08$825,0001,67528.8%
8 MARIANNE TERRACE2025-02$515,0001,67546.1%
506 TEAL PLAZA2025-09$590,0001,86131.4%
380 WHIMBREL LANE2025-08$607,0001,86129.6%
510 TEAL PLAZA2025-01$618,0001,86129.1%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →